hi guys
pls explain me the difference between down payment and down payment request
sreenivas...
Request clarification before answering.
Hi
Down payment request is a noted item which means that it will not impact the balance of any G/L account.
Down payment is actual payment and real postings are happen in the G/L account. There can be various types of down payments like down payment for purchasing asset etc.
For making a down payment, down payment request is mandatory. You can not make a down payment without having a down payment request.
Hope this helps.
Nitin
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